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5-Unit Apartment Building
For Sale
Contact for pricing
Pending

700 W Main St, Carbondale, IL 62901

Fully rented property combines residential apartments with a dedicated office unit along Route 13.

Property SizeContact for details
Days on Market146

Property Features for 700 W Main St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 1 x studio, 2 x 1BR, 1 x 2BR
Multifamily Units 4

Additional Details

Gross Income $22,000
Road Access Yes
Listing Agency: Landmark Realty Group
Listed By: Justin Zurlinden · License #471.021022
Source: Crexi
Added: Apr 11 Changed: Sep 1 Last Checked: Aug 31 at 9:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Realty Group

Investment Insights

Based on property information with market context.

This five-unit apartment property includes four residential apartments and one office unit. The residential mix consists of a studio, two one-bedroom apartments, and one two-bedroom apartment, creating a varied configuration within the building. One apartment features a historic turn-of-the-century staircase.

The property is positioned at 700 W Main St along Route 13 in Carbondale, with traffic counts exceeding 14,000 vehicles per day. The building is fully rented and combines residential occupancy with an office component in a visible, accessible corridor.

Key Highlights

  • Five‑unit property with four residential apartments and one office unit
  • Residential mix includes a studio, two 1‑bedroom apartments, and one 2‑bedroom apartment
  • Fully rented building

Property Analytics

Current Use

Carbondale Value Inn ... Hotel & Motel Americas Best Value ... Hotel & Motel Creative Beyond Life Tutoring Service Résumé Diva Company Employment Agency The Beauty Diva Boutique Cosmetic Store

Suggested Use

Top Pick Dental Office Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

Demographics for 62901, IL

22,967
Population
12,498
Households
1.8
Avg Household Size
29
Median Age
48%
College-Educated
95%
High-School Grad
27.1 sq mi
ZIP Area
847
Density / Sq Mi
$32,960
Median Household Income
$23,962
Median Earnings
$732
Median Rent
$137,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully rented property combines residential apartments with a dedicated office unit along Route 13.
Where is this apartment building located?
The property is located at 700 W Main St Carbondale, IL.
What are key features of this property?
This property features: Five‑unit property with four residential apartments and one office unit; Residential mix includes a studio, two 1‑bedroom apartments, and one 2‑bedroom apartment; Fully rented building
(618) 203-5057 Call to check price and availability
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